From transformative and complex transactions to more routine matters, Proskauer has a long history of working with REITs, real estate funds, underwriters, and other market participants on real estate capital markets transactions. That experience has helped shape and structure modern REITs and support their growth. We advise a wide range of real estate capital markets participants, including more than 25 REITs, real estate opportunity funds, underwriters, sovereign wealth funds, international real estate investment vehicles, separate accounts, and public real estate operating companies.

Our capabilities extend to a broad range of transactions, including IPOs, mergers, tender offers, equity and debt financings, and joint ventures across major property sectors and all stages of investment. We have particularly deep experience representing non-traded REITs throughout their lifecycle, from structuring and formation to liquidity events such as mergers or listings, as well as negotiating agreements with the non-traded REIT’s sponsor.

We advise buyers and sellers on prominent M&A deals involving REITs, including cash and stock deals, mergers of equals, and transactions challenged by activist investors. Our REIT M&A work is reflected in league-table rankings, where we have consistently ranked in the top five by value, volume, or both.